Commercial Banks

Credit bureau database: banks conducted highest number of enquiries

On: August 9, 2025

Tagged: Commercial Banks, credit bureau databases, Microfinance, Searches

Banks conducted the highest number of enquiries on the credit bureau databases with a total of 13,522,171 searches. This represented 84.93% of total enquiries compared to 77.83% in 2023. Microfinance and Microcredit institutions followed with 8.82% of total enquiries in 2024, a decrease from 11.0% recorded in 2023. Searches amongContinue Reading

Banks to hold reserves in original deposit currencies from June

On: May 24, 2025

In: Business

Tagged: Bank of Ghana (BoG), Cash Reserve Ratio, Commercial Banks, Monetary Policy Committee’s (MPC)

Commercial banks operating in the country will now be required to maintain cash reserves in the same currency as the deposits they hold. This is a key policy adjustment as the Bank of Ghana (BoG) amends its Dynamic Cash Reserve Ratio (CRR) framework. The revision is to deepen financial sectorContinue Reading

Credit bureau database: banks conducted highest number of enquiries

Banks to hold reserves in original deposit currencies from June

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